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Local Electricity Markets

Local Electricity Markets
A Book

by Tiago Pinto,Zita Vale,Steve Widergren

  • Publisher : Academic Press
  • Release : 2021-04-01
  • Pages : 384
  • ISBN : 0128226668
  • Language : En, Es, Fr & De
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Local Electricity Markets introduces the fundamental characteristics, needs, and resource constraints shaping the design and implementation of local electricity markets, and addresses proposed local market models and lessons from their limited implementation. The book discusses decision and informatics tools considered important in the implementation of local electricity markets. It features a review of management and trading platforms, including commercially available tools. Aspects of local electricity market infrastructure are identified and discussed, including physical and software infrastructure, regulatory frameworks available for local electricity market development internationally, and barriers and opportunities for local electricity markets in the future. Delineates key components shaping the design and implementation of local energy market structure Provides a coherent view on the enabling infrastructures and technologies that underpin local market expansion Explores the current regulatory environment for local electricity markets drawn from a global panel of contributors Exposes future paths toward widespread implementation of local electricity markets using an empirical review of barriers and opportunities Reviews relevant local electricity market case studies, pilots, and demonstrators already deployed and under implementation

Cooperation in local electricity markets

Cooperation in local electricity markets
modelling of technical measures

by Maria Andersson

  • Publisher : Linköping University Electronic Press
  • Release : 2020-04-14
  • Pages : 79
  • ISBN : 917871897X
  • Language : En, Es, Fr & De
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This thesis presents a system analysis for co-operation in local electricity markets including distributors and customers. The purpose of co-operation is to minimise the system cost of local markets by introducing system measures, such as end-use measures and municipal co-generation plants. Co-operation will strengthen the position of local markets in the national as well as future international electricity markets. With end-use measures local markets will achieve flexibility, additional reserve capacity and ability to avoid sudden large costs for peak loads. Biomass-fired cogeneration plants can become of great importance in an international market. In Sweden there is a simultaneous demand for electricity and district heating, many local markets already include district heating systems and there are major forest areas which can contribute with renewable fuel. The system analysis is partly based on the simulation model (INDSIM) and the linear programming model (MODEST). The simulation model has been further developed (STRATO) to include calculation of system costs. Shadow price analysis has been developed in order to study incentives for system measures. Calculation procedures have been developed that describe cooperation between distributor and customer. Six case studies of a selection of real, existing local markets in Sweden are presented. The studies show the potential economical effects of co-operation measured by system costs and shadow prices. Co-operation has been considered between demand- and supply-side, electricity- and district heating systems and also between different time periods. In a typical local market with 90 000 inhabitants, if end use measures are introduced without cooperation the system cost of the distributor will increase by 14 million SEK for a time period of 25 years. If instead end-use measures are introduced in co-operation, together with a biomass-fired cogeneration plant, the system cost of the local market will be reduced by 444 million SEK. Furthermore, the use of biomass in the local market is increased from 36 to 72 % while the use of oil is decreased from 34 to 1%. Another case study of another local market (50 000 inhabitants) shows that end-use measures will reduce the system cost (excluding investment costs) of an industry by 50 % corresponding to 1.3 million SEK for one year. The end-use measures imply reduced power demand during peak load periods in the local market and increased power demand during non- peak load periods.

Local Electricity Markets

Local Electricity Markets
A Book

by Pavlos Schoinas

  • Publisher : Unknown Publisher
  • Release : 2017
  • Pages : 329
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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This master thesis has as an objective the development of an electricity market. It is a research project that aims to be the foundation for a bigger and more thorough analysis. It examines the implementation of a local electricity market in a residential network equipped with renewable generation and storage technologies. In the context of this project the electricity market is defined as a real-time market focused on the exchange of active power. This thesis focuses on examining the effects on electricity prices that different pricing and consumption strategies have. In this context the feasibility of the results, from a power flow point, are not examined. The network in question is considered to be connected to the low voltage, alternating current grid and it comprises exclusively of households. It is a perfectly competitive market in the sense that no single player can exercise market power on his own, in order to raise prices. Simulations are conducted in a MATLAB environment to investigate the effects of different pricing and consumption strategies on the clearing prices of the market, as well as to determine the viability of such a market. The viability of the project in the context of this thesis is examined only from a financial aspect. Prices are not chosen arbitrarily but aim to mirror real world costs and more specifically the Levelized Costs of Energy and Storage. It is against these quantities that the resulting prices are compared to conclude about the viability of the project. Furthermore a cartel situation is simulated to investigate possible outcomes. Again in the context of this thesis a cartel is assumed to be a consortium of players colluding for financial gain, a fraction of the market players that offers higher prices and instigate atypical market operation. The results demonstrate the viability of such a market, as well as the effects of the cartel situation. Each scenario is examined separately and then compared against the rest. Finally a cost analysis is conducted in order to show the costs of such a study in the real world.

Local Electricity Markets Design and Operation in Distribution Power Systems

Local Electricity Markets Design and Operation in Distribution Power Systems
A Book

by Pol Olivella Rosell

  • Publisher : Unknown Publisher
  • Release : 2020
  • Pages : 246
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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In the context of distributed generation growth, local grids could face operational issues. In that sense, smart grid deployment will give information to local grid operators about grid status at medium and low voltage levels for taking operational decisions on daily basis. This thesis presents local markets as a potential solution to avoid local grid congestions and over-costs. They mainly increase the negotiation power of end-users with distributed energy resources and allow activation of flexibility at local level.First of all, this thesis analyses electric vehicles as a potential challenge for distribution grids and electricity markets in case of uncontrolled charging as it could cause consumption peaks. At the same time, electric vehicles could be part of the solution thanks to their capability of shifting forward their consumption. The first solution presented in this thesis is a building level electric vehicle management algorithm in order to reduce energy cost and consumption peaks.However, local grid operators need a solution to deal with aggregated level problems like high demand or high generation periods. Such kind of problems vary over time and place, and they could be difficult to integrate in regular grid tariffs. Therefore, the present thesis provides two local market designs for these problems. The first local market presented is designed for taking advantage of renewable energy producers before and after the whole-sale day-ahead market without threatening distribution grids and increasing the local social welfare. However, this market implies significant regulatory changes because the local market operator should take sorne of the current local grid operator regulated activities.Therefore, this thesis presents a second market design for managing portfolios of consumers, producers and prosumers, and it could be operated by retailers, balance responsible parties or aggregators for flexibility provision without regulatory issues. The work includes a description of roles, contracts and interactions of such local flexibility market, and three optimization algorithms depending on the application, complexity and portfolio scale. The first algorithm assumes limited information about each site, the second one includes such information but presents potential scalability limitations, and the last algorithm is based on a decomposition method to optimise the aggregator portfolio in a distributed way reducing the computational burden and time.

Engineering Local Electricity Markets for Residential Communities

Engineering Local Electricity Markets for Residential Communities
A Book

by Esther Marie Mengelkamp

  • Publisher : Unknown Publisher
  • Release : 2019
  • Pages : 329
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Micro and Local Power Markets

Micro and Local Power Markets
A Book

by Andreas Sumper

  • Publisher : John Wiley & Sons
  • Release : 2019-06-13
  • Pages : 288
  • ISBN : 1119434564
  • Language : En, Es, Fr & De
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Introduces readers to micro and local power markets and their use for local initiatives, grid integration, and future applications This book provides the basis for understanding micro power markets, emphasizing its application for local initiatives, the grid integration of renewable-based generation, and facilitating the decarbonization of the future electrical networks. It gives readers a comprehensive overview of the market operation, and highlights the basis of the design of local and micro markets. Micro and Local Power Markets starts by covering the economics and basic principle of power markets, including the fundamentals of the power trading (for both wholesale and local markets). Following a definition of both micro and local (technical and economic aspects) power markets, the book then looks at the organization of such markets. It describes the design of those power markets, isolated from the wholesale markets, and examines the methodologies of the interaction between these power markets and wholesale markets. The book also presents cognitive business models for micro and local power markets, as well as the regulatory issues concerning them. Introduces the basic principle of power markets Defines micro and local power markets Outlines the design of micro and local power markets, including the principles, as well as the trading schemes, flexibility, and services Discusses methodologies of the interaction between micro and local power markets and wholesale markets Presents business models for micro and local power markets Summarizes regulatory issues around micro and local power markets Micro and Local Power Markets is an ideal book for upper undergraduate students in engineering, as well as for early researchers in the energy sector. It is also recommended for any scientist and engineer being introduced to the field of power systems and their organization.

Unbundling Generation and Transmission Services for Competitive Electricity Markets

Unbundling Generation and Transmission Services for Competitive Electricity Markets
Examining Ancillary Services

by Eric Hirst,Brendan Kirby

  • Publisher : Unknown Publisher
  • Release : 1998
  • Pages : 174
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Restructured Electricity Markets

Restructured Electricity Markets
Three States' Experiences in Adding Generating Capacity

by Jim Wells,Richard Cheston

  • Publisher : DIANE Publishing
  • Release : 2002-11
  • Pages : 52
  • ISBN : 9780756728274
  • Language : En, Es, Fr & De
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The Fed. Energy Reg. Comm. & 24 states restructured elec. markets by shifting from service provided through a regulated monopoly -- the local elec. utility -- to service provided through open competition among the local utility & its competitors. The restructuring was intended to increase competition & expand consumer choice in order to lead to increased efficiency & lower prices. Citing the importance of quickly adding new power plants (NPP) when needed as a key factor in balancing the supply & demand for elec. in restructured markets, this report compares the experience of Cal. in adding NPP with the experiences of 2 other states -- PA, which operates as part of an innovative regional elec. market, & TX, which has successfully added NPP.

Blockchain-Based Smart Grids

Blockchain-Based Smart Grids
A Book

by Miadreza Shafie-khah

  • Publisher : Academic Press
  • Release : 2020-06
  • Pages : 310
  • ISBN : 0128178620
  • Language : En, Es, Fr & De
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Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications.

Restructuring Electricity Markets

Restructuring Electricity Markets
A World Perspective

by Charles J. Cicchetti,Kristina M. Sepetys

  • Publisher : Pennwell Books
  • Release : 1995
  • Pages : 209
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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This unique publication offers a comprehensive perspective on the restructuring of the electricity sector. It explores, describes, and identifies common elements of change, emphasizing from the experiences of developed and developing nations.

Competitive Electricity Markets in New York State

Competitive Electricity Markets in New York State
Empirical Impacts of Industry Restructuring

by Robert G. Ethier

  • Publisher : Unknown Publisher
  • Release : 1996
  • Pages : 232
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Natural Gas & Electric Power Industries Analysis

Natural Gas & Electric Power Industries Analysis
A Book

by Robert E. Willett

  • Publisher : Unknown Publisher
  • Release : 2002-04
  • Pages : 512
  • ISBN : 9781930578012
  • Language : En, Es, Fr & De
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Proceedings of the Chinese-American Symposium on Energy Markets and the Future of Energy Demand

Proceedings of the Chinese-American Symposium on Energy Markets and the Future of Energy Demand
Nanjing, China, June 22-24, 1988

by Stephen Meyers

  • Publisher : Unknown Publisher
  • Release : 1988
  • Pages : 329
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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The Symposium was organized by the Energy Research Institute of the State Economic Commission of China, and the Lawrence Berkeley Laboratory and Johns Hopkins University from the United States. It was held at the Johns Hopkins University Nanjing Center in late June 1988. It was attended by about 15 Chinese and an equal number of US experts on various topics related to energy demand and supply. Each presenter is one of the best observers of the energy situation in their field. A Chinese and US speaker presented papers on each topic. In all, about 30 papers were presented over a period of two and one half days. Each paper was translated into English and Chinese. The Chinese papers provide an excellent overview of the emerging energy demand and supply situation in China and the obstacles the Chinese planners face in managing the expected increase in demand for energy. These are matched by papers that discuss the energy situation in the US and worldwide, and the implications of the changes in the world energy situation on both countries. The papers in Part 1 provide historical background and discuss future directions. The papers in Part 2 focus on the historical development of energy planning and policy in each country and the methodologies and tools used for projecting energy demand and supply. The papers in Part 3 examine the pattern of energy demand, the forces driving demand, and opportunities for energy conservation in each of the major sectors in China and the US. The papers in Part 4 deal with the outlook for global and Pacific region energy markets and the development of the oil and natural gas sector in China.

Electric Choices

Electric Choices
Deregulation and the Future of Electric Power

by Andrew N. Kleit

  • Publisher : Rowman & Littlefield
  • Release : 2007
  • Pages : 242
  • ISBN : 9780742548763
  • Language : En, Es, Fr & De
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Electricity is one of the largest and most vital industries in the U.S. economy, with sales exceeding $200 billion annually. While electricity represents the backbone of commerce, industry, and household production, the structure of the industry has been changing in rather dramatic ways. After being heavily regulated for more than a century by local, state, regional, and federal authorities, deregulation is taking center stage. In general, deregulation results in lower prices, more product choices, and more rapid technological advances. Conversely, rate regulation has inherent flaws, including the encouragement of waste and inefficiency, and a retarding of innovation. There is little doubt to the contributors of this book that putting regulation aside offers enormous efficiency gains in the production of electricity. But can market forces handle the delicate matter of transmitting electricity when the simple model of supply and demand must be more precise than other goods and services? How much regulation does the electric industry need? The essays in this timely collection explore these difficult questions and propose a new, market-based plan to improve America's electrical future. Published in cooperation with The Independent Institute.

Power Markets and Economics

Power Markets and Economics
Energy Costs, Trading, Emissions

by Barrie Murray

  • Publisher : John Wiley & Sons
  • Release : 2009-02-25
  • Pages : 324
  • ISBN : 9780470743010
  • Language : En, Es, Fr & De
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It is now almost twenty years since liberalisation and the introduction of competition was proposed for electricity utilities. Some form of restructuring has been widely adopted around the world to suit local objectives. The industry now faces new challenges associated with global warming, rising prices and escalating energy demand from developing countries like China and India. The industry will have to cope with; managing emissions; managing variable energy sources like wind, dev eloping clean coal technology; accommodating distributed generation and new nuclear stations and managing the impact of these developments on the distribution and transmission networks. It is now necessary to consider how the various market structures that were adopted have performed and how they will address some of these new issues and what further changes might be necessary. This volume presents an all-inclusive analysis of the electricity market structures that have been adopted around the world and how they are performing. It provides an up-to-date analysis of the cost of competing technologies, the operation of energy and ancillary service markets and the impact of renewable sources and emission restrictions. It takes a forward look at likely future developments necessary to cope with the new emerging issues. Part One introduces industry infrastructure, analysing state utilities, the motives behind liberalisation and the resulting structures. Part Two considers generation costs, including renewable generation costs, and investigates the cost of restricting emissions as well as transmission and distribution costs. Part Three discusses market operation, describing how costs affect the organisation of power generation. It covers trading arrangements, ancillary services, international trading and investment. Part Four looks to future markets and technological developments that will shape the industry through the next twenty years. This includes the appraisal of investment opportunities for global power companies and implications for market performance. Written by an internationally renowned consultant engineer, this book is full of expert insight and balances fundamental methodology and academic theory with practical information and diverse worked examples. This is an excellent reference on the topic for power system engineers, regulators, banks, investors, and government energy agencies. With its many worked examples, it is also a brilliant tutorial accessible for postgraduates and senior undergraduates in electrical and power engineering.

The Political Effects of Ideas and Markets on China's Economic Reforms

The Political Effects of Ideas and Markets on China's Economic Reforms
The Case of Electric Power

by Laura Washington Dodge

  • Publisher : Unknown Publisher
  • Release : 2003
  • Pages : 412
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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New Equilibria in the Energy Markets

New Equilibria in the Energy Markets
The Role of New Regions and Areas : Conference Proceedings, 22nd IAEE Annual International Conference, Grand Hotel Parco Dei Principi, Rome, Italy, 9-12 June 1999

by Anonim

  • Publisher : Unknown Publisher
  • Release : 1999
  • Pages : 329
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Policy Statement on Community Aggregation

Policy Statement on Community Aggregation
A Book

by Joel B. Stronberg

  • Publisher : Unknown Publisher
  • Release : 1999
  • Pages : 7
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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International Energy Markets

International Energy Markets
A Book

by International Association of Energy Economists,British Institute of Energy Economics

  • Publisher : Cambridge, MA : Oelgeschlager, Gunn & Hain ; London [England] : Graham & Trotman
  • Release : 1983
  • Pages : 353
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Asian Energy Markets

Asian Energy Markets
Dynamics and Trends

by Emirates Center for Strategic Studies & Research

  • Publisher : I.B. Tauris
  • Release : 2004-12-24
  • Pages : 416
  • ISBN : 9789948005698
  • Language : En, Es, Fr & De
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With the Arab Gulf States supplying the major proportion to Asian energy needs, Gulf-Asia links will emerge as a key factor in the global energy scenario. What are the economic and strategic implications of Asia's growing dependence on Gulf oil? How far can Asian countries counter such dependence by improving energy efficiency and developing new sources? What are the energy transitions that Asian nations are undergoing? This book seeks to address these questions and other issues relating to the Asian energy sector including supply security, consumption trends, privatization moves, energy diversification, energy self-sufficiency and foreign investment.